Mentor’s Comment: The question pertains to the consultative process leading up to the finalization and presentation of annual budget in India. Hence, the Introduction should identify the role of Ministry of Finance as the Nodal agency in this context. Further in the main body highlight the consultative process in budget making. Illustrate the role of … Continue reading Budget making in India is the sole prerogative of the Ministry of Finance. However, diverse opinions go into the process leading up to the presentation of Annual Budget. Provide a succinct illustration of the role of pressure groups in the budget making process of India. (150 W)
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